Over the past couple of months, Ethereum has been in the bears’ territory. The 2nd largest asset slumped by 42.65 percent since July 8th and the coin ended up breaching key supports which were active resistances at press time. However, there may be an imminent trend reversal for the coin in the future as the...Read More
Bitcoin price makes a retreat on Sunday’s trading. | Source: Shutterstock The bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar. Bitcoin price dropped by more than six percent since weekly high at over $10,900 (source: coinmarketcap.com) Previously, when the bitcoin...Read More
Considering the ongoing participation of government organizations in building private crypto assets, a recently published research paper details on the use of “private digital currencies” and its implications on the current society. Although Facebook’s Libra initiative witnessed a red flag from the U.S. government, numerous countries have begun experimenting with in-house options for evading the...Read More
Despite being at the bears’ mercy in 2019, XRP noted spurs of growth in recovery. After falling over 17% in the month of August, September carried winds of change for the coin as XRP is recording bullish momentum in the market. XRP’s price noted an upsurge of over 4% on September 7 resulting in a...Read More
After a bull run last week, ETH bottomed out at $168. The Ethereum price is finally recovering once again, this time aiming for the $180 level. Trading at $178 on Bitstamp at the time of writing, ETH peaked at $180 earlier today. Let’s see if there are any new developments in Ethereum since yesterday and...Read More
Programmatic Proof-of-Work aka ProgPoW is undoubtedly one of the most discussed topics in the Ethereum community. The protocol proposed by developer team, IfDefElse, is a GPU-tuned extension of ETHash and its main purpose is to reduce the control of ASIC miners on the network by making graphic cards more competitive. This protocol was introduced to...Read More
You can now top up your mobile phone with Electroneum (ETN) – if you happen to live in Brazil. A new integration with the country’s four largest mobile phone operators will extend cryptocurrency purchases to 220 million people – representing 95% of the country’s mobile phone market. The digital payments company, which aims to “unlock...Read More
China’s government may have a dim view of decentralization, but cryptocurrency trading continues. Crypto Briefing recently caught up with Dillon Song, Global Operations Manager at BaseFEX, a Beijing-operated crypto derivatives exchange. Song, a marketing graduate from New York University, shared his views and insights regarding the digital asset trading market, and discussed the trajectory of...Read More
Anthony Pompliano is well known in the crypto-community as a massive Bitcoin proponent. In the latest episode of his Off The Chain podcast, Pompliano interviewed Michael Goldstein, President of the Satoshi Nakamoto Institute. The pair discussed the current state of Bitcoin and how it has progressed over time, for everyone in the community. Goldstein stressed...Read More
An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: Shutterstock Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance,...Read More
Filing crypto taxes can be quite tedious and frustrating, as the process requires data from every exchange account and wallet you have ever used for a transaction. This is exacerbated by the fact that crypto is so new that the tax rules are not very clear to the average investor. As a result, mistakes in...Read More
2019 has been an incredibly important year for digital currencies. The collective cryptocurrency market broke away from the bearish winter and digital assets have again started to gain attention from various financial institutions and personalities. In fact, the President of the United States also called out Bitcoin and Facebook’s Libra at one point of time,...Read More
After finishing 4th in the UEFA’s Club Coefficients rankings for 2019, the La Liga leaders cheered its fans by joining Socios, voting platform to connect with fans. Atlético became the first La Liga team to join Socios. A sports and blockchain entertainment company Chiliz, announced their intention of going into the partnership with Spanish soccer...Read More
As the process of sharing healthcare data is often fraught with issues and challenges, healthcare organizations around the globe are enamored with the idea of blockchain. Here’s how blockchain can help. Personal data security and privacy is a big topic these days. However, mostly due to Facebook’s ongoing scandals, the conversation tends to focus on...Read More
Facebook Dating is now available in the U.S., and even though it is a separate app from Facebook, it still somehow – isn’t separate at all. Privacy advocates say users are likely better off meeting potential love interests on other apps. It seems that Facebook realized that money can’t buy you love so, without further...Read More
Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network portal late Friday. Yesterday, Telegram delivered its Telegram Open Network (TON) testnet explorer and node software on its website. Last month, three anonymous investors in Telegram’s $1.7 billion private...Read More
The Ethereum Foundation has delayed the testnet launch of the Istanbul update until the start of October. But some are raising concerns about one of the Ethereum Improvement Proposals (EIPs) which will break certain smart contracts. So should technology be backward compatible ad infinitum?… or is a little disruption necessary in the name of progress?...Read More
The hype of ICOs in 2017 was downright crazy. Bitcoin was in a state of peak performance and hitting new highs every day, and the trend of ICOs evolved with it. Investors were making enormous returns on their investments and the huge interest ended up giving rise to scam ICOs which had zero credibility in...Read More
Bitcoin price fell sharply on Saturday after failing to break beyond $11,000. | Source: Shutterstock The bitcoin price abruptly dropped by more than five percent $10,949 to $10,204 in the past 24 hours at a point which technical analysts described as a critical moment for bitcoin. The bitcoin price has dropped by more than $500...Read More
One of the Popular crypto influencer and libertarian U.S. Presidential John McAfee seems to have stuck into another conflict with Zombie coin, and they are now demanding $100 million in compensation. A Chinese venture that allegedly awarded John McAfee a sum of $4.5 million in order to successfully promote an Initial License Offering (ILO) linked...Read More
TON, the upcoming blockchain project from Telegram, has entered its last stage of development before being released. The messaging giant is in the news again after Telegram released the code for running a TON blockchain node on its testnet portal, code that will allow developers and community members to start experimenting with it. While the...Read More
Ransomware extortionists get counter-offered to zero. | Source: Shutterstock When ransomware attackers targeted the city of New Bedford, Massachusetts, two months ago demanding $5.3 million in Bitcoin, they must have felt very confident when turning down a counter-offer of $400,000 that the city presented. That feeling probably turned to regret soon thereafter as it has...Read More
Photo: Shutterstock Why? Because all purchases are online and these payments need to be very fast to process, just that is one of the main characteristics of cryptocurrencies. Now let’s see, is it really worth the effort? Development of the Videogame Industry The gaming industry is no longer a niche arena for a certain age...Read More
During the webcast discussion in Switzerland, Federal Reserve Chairman Jerome Powell said that the Facebook’s stable coin, Libra would probably have so many users that it might cause instability in the financial system if something went wrong. In a discussion in Zurich with Swiss National Bank Chairman Thomas Jordan, Powell claimed that. “With Facebook’s very...Read More
XRP’s performance has been bearish for most of 2019, and the bears are not ready to quit yet. The coin registered a devaluation of 6.40% on September 6 and the lowest bid was marked at $0.2461, close to its support at $0.2419. The coin has put in a solid effort to recover from the fall,...Read More
Scalability is an issue that has been used against Bitcoin for a long period of time. Bitcoin currently lords over the market with a dominance of 70.9 percent at press time, but people from the community continue to raise arguments against its inefficiency to facilitate faster transactions. The world’s largest cryptocurrency hasn’t been quiet either....Read More
Leading Cryptocurrency Exchange, Binance announced the next project on Binance Launchpad – Band Protocol (BAND). As per the blog post, the Band token sale will follow a lottery & airdrop format, with the recording of the user. BNB balances already having started on 2019/08/17 00:00 AM (UTC). The Band Protocol is a layer-2 protocol for...Read More
After a high $178 earlier this week, Ethereum price is having a hard time staying afloat above the $170 level. Currently trading at $169.32 on Bitfinex, the market seems to be recovering. Today wasn’t the best day for cryptocurrency as its market cap lost close to $10 billion in value. Let’s take a look at...Read More
Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant...Read More
The Tron community rejoiced with the announcement of Justin Sun’s lunch with Warren Buffett being on track. Another positive development is that Tron DApps continued to increase as they reached 569 in total. Also, the number and volume of transactions surged over the past week, according to the latest Tron DApp report. This boost can...Read More
